The cost of manufacturing iPhone 7 and Apple's profit

The release of the new iPhone 7 is now a thing of the past. The device presented by Apple was expected due to the leaks that existed before. Whatever the new iPhone 7 is on the shelves with a more accurate price than last year's 6s.

But what is its cost? of the new device, how much does it cost Apple to manufacture? iPhone 7

The total cost of construction, according to data from IHS Markit, reaches $219,80. If we add the cost factor , estimated at $5 per phone, the total cost comes to $224.80 for the base 32GB model.

The company claims that there is an increase in the price, about 36.89 per , compared to the price of the iPhone 6s whose base model cost $187.91.

So, as the basic model is sold for 649 dollars, according to the company's quoted prices, Apple gives a profit of $ 424 for each device sold, or a 189 percent.

Of course, the cost does not include external factors, such as and development, marketing or events.

Overall, the gain per device is probably much lower than the estimate of 424 dollars and these estimates could be totally inaccurate anyway.

But they give a taste…

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Written by Dimitris

Dimitris hates on Mondays .....

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